Answer:
C
Explanation:
Fewer Movie goers will pay a hier price
Answer:
$11,880
Explanation:
Calculation to determine The bond interest expense for the year ended December 31 is
First step
Semiannual interest=($99,000 * 0.11 * 6/12)
Semiannual interest= $5445
Second step
Semi-annual discount amortization
Semi-annual discount amortization=($99,000 - $94,050)/5*/12
Semi-annual discount amortization=($4950 / 5)*6/12
Semi-annual discount amortization= 495
Third step
Semiannual interest expense=(5445 + 495)
Semiannual interest expense = $5940
Now let determine the bond interest expense
Bond interest expense =($5940 * 2)
Bond interest expense = $11880
Therefore The bond interest expense for the year ended December 31 is $11,880
Answer:
correct option is d. $4800 U
Explanation:
given data
product requiring = 3 direct labor hours
standard rate = $ 16 per direct labor hour
produced using = 8700 direct labor hours
actual payroll = $135720
to find out
labor quantity variance
solution
we get here labor quantity variance that is express as
Direct labor quantity variance = (standard hours worked for actual production - actual hour worked) × standard rate per direct labor hour ...................1
here standard hours worked for actual production will be as
standard hours worked = standard hours required per unit of production × actual units produced
standard hours worked = 3 × 2800
standard hours worked = 8400 hours but we have given actual work hour 8700 direct labor hours
so put all value is equation 1 we get
Direct labor quantity variance = ( 8400 - 8700 ) × $16
Direct labor quantity variance = $4800 unfavorable
so correct option is d. $4800 U
Answer:
The correct answer is letter "A": Uncovers all of the potential risks of an investment.
Explanation:
In the investment world, due diligence refers to a full investigation of the product and its inherent risks before the transaction. This ensures that all details are correct, leaving out non-important information. Only when all the information has been disclosed, the parties of a transaction can continue with setting the monetary terms of the transaction.
Answer:
If the company budgets 40% for income tax expense, the budgeted net income will be $16,002
Explanation:
Total expense of the company = COGS + Depreciation expense + Interest expense + Other expenses = $48,500 + $1,500 + $250 + $41,880 = $92,130
Pretax income = Sales - Total expense = $118,800 - $92,130 = $26,670
Income tax expense = $26,670 x 40% = $10,668
The budgeted net income = Pretax income - Income tax expense = $26,670 - $10,668 = $16,002
